Cerberus sees Hyundai unit starting at Subic yard within 18 months

US INVESTMENT firm Cerberus Capital Management said it expects a South Korean shipbuilder which leased a portion of its shipyard in Subic to begin...

Qatar, PHL commit to approve IPPA this year

QATAR and the Philippines have agreed to approve an Investment Promotion and Protection Agreement (IPPA) within the year, the Department of Trade and Industry...

EoPT on tax filing and withholding: A closer look

By Renz Anthony K. Boaloy
With the signing of the Ease of Paying Taxes (EoPT) Act (Republic Act No. 11976), taxpayers expect to benefit from improvements in the manner...

Procurement modernization to launch with vehicle e-market

THE Philippine government on Tuesday said it will launch a virtual procurement platform in the second quarter with vehicles the initial product category to...

Study on ferry service plying Metro Manila waterways targeted for completion this year

THE Department of Transportation hopes to complete a feasibility study within the year on the Manila Bay-Pasig River-Laguna Lake (MAPALLA) Ferry System Project. “This is...

House panel approves bill expanding road tax to some three-wheeler types

A HOUSE of Representatives committee on Tuesday approved a bill that seeks to extend the road users’ tax to include some types of “unconventional”...

SRA preparing to meet US export quota

THE Sugar Regulatory Administration (SRA) said it is undertaking the initial preparations to help the industry meet the US raw sugar export quota. “Right now,...

Catch landed at fishports up 13% in Q1

THE catch landed at regional fishports (RFPs) rose 13% year on year during the first quarter, according to the Philippine Fisheries Development Authority (PFDA). In...

ADB supports incentives for nurses settling, working in underserved areas

NURSES must be offered incentives to settle and work in rural and underserved areas, the Asian Development Bank (ADB) said. “With the ongoing escalation of...

ADB launches ‘toolkit’ for design of environment-friendly roads

THE Asian Development Bank (ADB) said on Tuesday that it launched a toolkit that would aid governments and transport industries in building low-carbon and...

Marcos touts shipbuilding ‘fresh start’ as Hyundai Heavy invests in Subic

PRESIDENT Ferdinand R. Marcos, Jr. said he is optimistic the Philippines will boost its position in shipbuilding and achieve its renewable energy goals, after...

NGCP raises yellow alerts over Luzon, Visayas grids

THE National Grid Corp. of the Philippines (NGCP) placed the Luzon and Visayas grids under yellow alert on Tuesday, triggered by a thinning in...